Business insurance provides protection for companies from financial liabilities associated with property damage, lawsuits and other unforeseen events. Different policies provide coverage against different risks; premiums depend on factors like business size, location, industry and coverage limits.

Hiscox stands out as a top pick among small business owners, providing commercial, professional liability, and home coverage with user-friendly online tools and 24/7 accessibility that make obtaining quotes, managing policies and filing claims simple.

Hiscox

Hiscox Insurance Services, Incorporation Guru’s top choice for business insurance, provides numerous policies that cover companies against common risks and losses – general liability, workers’ compensation and commercial auto. Hiscox can also cover specific risks such as income losses from covered property losses or natural disasters.

Hiscox Insurance Services have been operating since 1901 and currently serve over 400,000 small businesses in America. Business insurance seekers can get quotes and purchase policies online. Furthermore, Hiscox’s website features an FAQ section that answers frequently asked questions as well as links to helpful resources.

Hiscox provides specialty insurance products, including professional liability for licensed professions (also referred to as errors and omissions insurance), cyber insurance and workers’ compensation coverage. Furthermore, Hiscox provides Business Owner’s Policies that combine general liability, commercial property and business interruption coverage into one policy; most BOPs include revenue loss coverage when covered events force companies to close. Hiscox also provides short-term liability policies specifically tailored for special projects.

Next Insurance

Next Insurance provides small business owners with affordable, transparent insurance solutions tailored to their industry. Their coverage options include general liability, commercial auto and workers’ compensation policies; available in most states with discounts when purchased individually or as bundled packages; also offering product liability, liquor liability and garagekeepers liability coverage options.

NEXT’s Pro general liability policy offers robust protection to businesses that generate less than $5 million annually in annual revenue, covering bodily injury, property damage, court and legal fees, medical payments, advertising harm and more. For additional layers of security NEXT also offers Pro+ enhanced general liability policies which add tools and equipment coverage.

NEXT Insurance is an insurtech company that employs artificial intelligence to process applications, provide 24/7 access to certificates of insurance and support customers. With more than 500,000 active customers and $1.1 billion invested from Munich Re and Allstate, this firm is part of CB Insights Expert Collection with an emphasis on customer success.

Progressive Insurance

Progressive Insurance has long been known for their competitive prices and customer service, offering coverages for cars, homeowners and more through its direct channel. Headquartered in Mayfield Village, Ohio and offering an extensive product catalog as well as unique policy add-ons such as rideshare coverage and pet injury coverage, Progressive stands out as an insurance provider that truly provides for its customers.

Progressive also provides driver-centric features to keep premiums low, such as Snapshot. This device monitors driving habits to provide safe drivers with lower premiums while penalizing unsafe ones with higher ones – according to ValuePenguin, most drivers who sign up for Snapshot see an immediate reduction.

Progressive business insurance offers additional advantages, including roadside assistance, free rental car coverage if your vehicle is damaged, and the option to “schedule” expensive items like jewelry into your policy. Furthermore, they provide discounts when bundling policies together or signing documents online and paying in full; and are known for handling claims quickly and efficiently.

The Hartford

Numerous independent organizations and user reviews rate The Hartford as providing an outstanding customer experience. Beyond their insurance products, The Hartford offers additional features that may prove particularly helpful to small businesses such as management liability coverage, crime insurance and business interruption insurance policies. They even employ risk engineering professionals who work directly with firms to prevent and mitigate risks.

The Hartford offers coverage to businesses from several industries, from financial services firms and Main street businesses such as law offices and retailers, to construction-related businesses and service contractors; unlike some competitors, The Hartford does not exclude construction firms from workers’ compensation coverage.

Longstanding experience, extensive coverage options and industry expertise combine to make Nationwide an excellent choice for many businesses. Their strong financial stability and dedication to corporate responsibility also add value. Unfortunately, not all policies may be available across states, while its application process may take longer than with newer providers.

CNA

CNA is one of the largest business insurance providers in the US. Their products range from professional liability, workers’ compensation and umbrella policies. Furthermore, CNA provides policyholders with various in-house resources for managing risk including litigation counsel, special investigations specialists and recovery experts.

Focusing on safety and loss control programs for businesses of all sizes, they specialize in workers’ compensation insurance to cover medical bills and wages for injured employees on the job as well as liability coverage to cover legal fees and damages should an employee sue for wrongful termination or harassment against their business.

Longtime provider of business insurance with an excellent complaint record. Their wide range of business options cover multiple industries including construction, financial institutions, healthcare, law firms, life sciences manufacturing real estate technology. Their Business Owners Policy (BOP) covers most risks in one policy while they also have over 300 optional coverage endorsements with higher limits available to increase coverage further.